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Technology Stocks : John, Mike & Tom's Wild World of Stocks -- Ignore unavailable to you. Want to Upgrade?


To: johnsto1 who wrote (804)3/31/2000 10:17:00 AM
From: Jorj X Mckie  Read Replies (2) | Respond to of 2850
 
DPAC has a double top right at $9 and it is at 8 15/16. I has a triple bottom at $7, so that should be considered decent support. The last signal was a buy signal and it is now above the bearish resistance line but trading sideways.

What this means: I would wait for it to either pullback a little bit (like to 7.5) or wait for it to break $9 decisively. It may cause you to leave some money on the table, but it could also save you some money. If it breaks 9, I would expect it to continue higher.